About Us


Elda De Gracia Peñaloza - Claims Director

 + 34 607 780719


Dual qualified lawyer graduated from the University of Panama (2002) and Universitat Pompeu Fabra (2012), with a Master in Maritime Law by the Faculty of Law of the Paul Cezanne University, Aix-Marseille III, France (2005) and Insurance and Reinsurance Mediator Grade A License (2020).

Fluent in Spanish, English and French. Joined INDECO in 2006 and collaborates with Eltvedt & O’Sullivan as Managers of TCI AFRICA since 2018.


Member of Ilustre Colegio de Abogados de Barcelona (Bar Association of Barcelona)

Since 2000, INDECO is a dedicated service provider for the shipping industry 24/7 year round.

INDECO – Independent Maritime Lawyers and Transport Services, was formed in year 2000 and is dedicated to provide services in the shipping and maritime industry. We are what our name suggests: Independent. We listen to our Principals and respond to their needs.

The two pilars of our company are:

  • Autonomy: we act with total autonomy to ensure that your position is fully protected and never compromised.
  • Commitment: We compromise to provide you with our most efficient service.

We have obtained a good reputation in the Spanish and International shipping sector due to our know how and experience in the local commercial network and of local laws.

Far away of providing text book answers or acting as simple post box, we understand the problem and interpret the law with your particular need in mind.

Shipping business has no frontiers, and neither do we. We are an international multilingual team with legal and commercial capacity to help you find the best cost-effective solution to your claims.

If and when needed, we also have the support of our colleagues from ELTVEDT & O’SULLIVAN.


Our around the clock availability and our creative and professional approach providing consultancy, claims and survey services in all areas of the shipping industry, have proved us as to be an efficient service preventing losses and reducing the costs of claims for our clients.

An adequate survey and/or legal advice at the right time is the key to avoid any groundless claims and / or mitigate losses.

P&I and H&M
Professional, time and cost efficient actions are carried out to be best protect your interests.

  • Condition Surveys
  • Vessel damages surveys: machinery failures, unsafe ports / berth, third party damages to ship, ship repairs, bunker quality, groundings
  • On / Off Hire Surveys
  • Cargo Surveys: loading and discharging inspections, draft, loss and damage, salvage, abandonment.
  • Personal Injuries: crew, passengers and third parties illness / Medical treatment / death.
  • Stowaways


  • Owner / Charters Liabilities: FD&D
  • In house legal assistance in claim handling and settlement
  • Legal Procedures: Civil, Mercantile and Administrative Jurisdiction
  • Ship Arrests
  • PSC detentios and Administrative Sanctioning Procedures
  • Letters of Undertaking / guarantee

We also provide a wide range of services such as:

  • Non marine claims
  • Yacht Surveys and Claims Handling